Implications of an e-commerce site, Business Management

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QUESTION

The company is opening for new markets and is planning to set an E-Commerce site so as to offer a better service to its business partners and its customers. Elaborate on the concept of E-Commerce and the benefits of having a B2B and a B2C E-Commerce site.

Your explanation should also include the requirements and implications of an E-Commerce site as well as the factors that management should consider to ensure successful implementation of the E-Commerce facilities.

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